I'm a bit rubbish at posting here (check my count)
, but am an avid user of EXT since I purchased it in March/April time 
I keep going through the Feature Request lists to see if my amazing never-heard-before improvement had not been thought of before
. And - suprise!! - they are alreay there What I do like about the way EXT is progressing is in the proposed live features. I do like the idea of triggering Midi/audio parts using the QWERTY keyboard, as well as having a bypass button on the effects to add a kind of "per clip" routing.
I have been messing with the Ableton Live demo (ver 3) and the parts that I like the most are the triggering of audio clips and the starting and stopping of effects all from the music/QWERTY keyboard.
Yes, I know that Live is mostly about the gapless audio engine and the manipulation of audio clips with the warp markers, but I do think that if QWERTY triggering can be enabled, that, along with the midi routing, EXT will be a serious live app, and a genuine rival to Ableton (well, as far a triggering goes
).Oh and dont
me if this has been mentioned before - the rate that people here come up with ideas and the speed that jorgen implements them makes me feel that this is like an open sources app - except with one programmer 
make sure you check out 